Hearts bump HWU for training ground rent (merged)

[CropleyWasGod]

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HWU know they won't get the money due, however if they take that on the chin and help the yams to 'survive, then they'll have a tenant/lessee for the next x number of years that they may not have otherwise.

They shouldn't have let them go beyond 6 months without kicking them out, and trying to find another tenant.

Edit... Mr Angry has written his email. I'll let you know what they say

[JimBHibees]

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They shouldn't have let them go beyond 6 months without kicking them out, and trying to find another tenant.

Agree completely. How long do you let them walkover you. I am sure if they had threatened removing the facilities from Hearts use then payment would have been made. Jeezo they werent getting paid and they would have had Craig Beattie doing a photo call outside their door getting paid (or not) £5k or so a week. What a shambles that is and they should have questions to ask about this nonsense IMO.

[JimBHibees]

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HWU know they won't get the money due, however if they take that on the chin and help the yams to 'survive, then they'll have a tenant/lessee for the next x number of years that they may not have otherwise.

They wont now but they might have then. 15 months ago is before they won the cup and they werent paying for training facilities that is a joke.

[CropleyWasGod]

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I will be raising this with Heriot-Watt and fellow students, especially if education is cut there next year from this year, within in my area of study or not. I will not let them harm my and others education for the sake of their mismanagement and corruption.

It's the annual salaries of 2-3 lecturers.

[JimBHibees]

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It's the annual salaries of 2-3 lecturers.

Or about 17 student fees for a year.

[Treadstone]

What are HWU losing here that they seem to think its OK to have a non paying lodger ?

[Barney McGrew]

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It's the annual salaries of 2-3 lecturers.

I bet those affected down in Galashiels last year will be delighted to hear of the University's charitable view when it comes to dealing with Hertz.

http://www.heraldscotland.com/news/e...-cuts.17459320

[CentreLine]

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I will be raising this with Heriot-Watt and fellow students, especially if education is cut there next year from this year, within in my area of study or not. I will not let them harm my and others education for the sake of their mismanagement and corruption.

Perhaps someone in the business studies dept at HWU can explain the good business practice behind this strategy

[brog]

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I bet those affected down in Galashiels last year will be delighted to hear of the University's charitable view when it comes to dealing with Hertz.

http://www.heraldscotland.com/news/e...-cuts.17459320

This incident, failure to pay HW, may be the start of the tide turning & finally recognition that Yams have basically dumped on everyone in their quest for European glory etc etc!!

[CropleyWasGod]

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Perhaps someone in the business studies dept at HWU can explain the good business practice behind this strategy

This is where I trot out the cliche "those who can do, do. Those who can't, teach."

Apologies to any teachers on here, I know it's not true. It does, though, smack of cobbler's bairns, and I've told HWU that.

[Barney McGrew]

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I wonder if anyone on Tweeting terms with Allisbarry could put the question.

I suppose asking the University the question on their own twitter account as to why they're letting them get away with running up a bill might prompt an interesting response.

@HeriotWattUni if anyone's interested

[Moulin Yarns]

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I wonder what our organ of truth, aka. the Edinburgh Evening News will have to say about this bill. The newspaper has been banging on about the Yams being self sufficient and self funding for the best part of a year. Did the Yams lie to the news or did they just not ask .

I wonder if anyone on Tweeting terms with Allisbarry could put the question.

There is two accounts the Yams have that I hope are miles behind and due a real hefty wedge. Their accountants, Johnston Carmichael and their solicitors, HBJ both deserve to be hung out to dry for their connivance in concealing the obvious insolvency at the PBS.

Have done.

[Jack]

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I will be raising this with Heriot-Watt and fellow students, especially if education is cut there next year from this year, within in my area of study or not. I will not let them harm my and others education for the sake of their mismanagement and corruption.

No idea what I'm doing putting this post in between two hairy twat posts, for the life of me I cannot see a link

I know, because I have been a beneficiary of it that for some time the yams were putting heavy pressure on suppliers to accept match tickets and hospitality packages instead of payment of services that were provided.

Of course there's nothing wrong with that sort of arrangement between 'commercial partners' as far as I am aware.

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HWU know they won't get the money due, however if they take that on the chin and help the yams to 'survive, then they'll have a tenant/lessee for the next x number of years that they may not have otherwise.

[jgl07]

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They shouldn't have let them go beyond 6 months without kicking them out, and trying to find another tenant.

The problem is who else could be a tenant?

[Barney McGrew]

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The problem is who else could be a tenant?

It's not about that - a student hiring out a pitch for an hour at £20 or so would have netted them more income in the last twelve months than those shysters have provided.

[CropleyWasGod]

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The problem is who else could be a tenant?

Did they test the market?

[Treadstone]

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The problem is who else could be a tenant?

The problem is they have a tenant who is not paying for using the facilities. Don't think there is much for them to lose.

[RyeSloan]

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The problem is who else could be a tenant?

Sure there would be quite a queue of people wanting to use the facilities for nowt.

What's the point in having a tenant that doesn't pay their rent?

[Bristolhibby]

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Sure there would be quite a queue of people wanting to use the facilities for nowt.

What's the point in having a tenant that doesn't pay their rent?

Ill pay £1 for a days hire and have a massive game of football with my mates.

Thats 100% more that they have got from that pink mob for the last 15 months.

J

[CropleyWasGod]

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Sure there would be quite a queue of people wanting to use the facilities for nowt.

What's the point in having a tenant that doesn't pay their rent?

You have to admire Hearts' business methods though.

State-of -the-art training complex for nowt, whilst we shell out £300k-500k a year.

Big team, big thinking.

[JimBHibees]

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The problem is who else could be a tenant?

Probably any number of sports clubs who would have wanted to use the facilities even on an irregular basis which would have generated much more revenue than this. The main issue is teh complete lack of action on the part of HWU you would have assumed they would have sent repeated letters outlining indicating the non-payment however after a time a legal letter should have been sent and if still no action either legal proceedings and/or raising the issue publically. To have done nothing and then lost £150k is mis-management of a high order IMO.

[JimBHibees]

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You have to admire Hearts' business methods though.

State-of -the-art training complex for nowt, whilst we shell out £300k-500k a year.

Big team, big thinking.

When put like that it is sickening to be honest, not just in comparison to us also all the other SPL teams who have had to pay for training facilities over the 15 months. I'll bet loads of clubs wouldnt have minded spending 150k on a new player rather than paying for training facilities.

[HibeeMG]

I'm just getting my head around the HWU news.

As we were told that the HW training complex was an asset owned by Hearts and could possibly be sold by them, does this £150k represent them owing the money to themselves again?

[basehibby]

I'm absolutely disgusted that the scabby Yam tramps have been allowed to scrounge their training facilities for what must be over a year, at the expense of people's further education!

Meanwhile, other football clubs have to work hard to pay for their facilities while the Yamtards trumpet about being a "big team".

From what I can gather (10K a month quoted as their rent on here), these thieving conniving lowlifes must have been on the scrounge for free training facilities WHILE they were paying out exorbitant wages to players that beat us in the SC Final just over a year ago.

Enough is enough! Far from deserving praise, whoever the lax, unprofessional excuse for a public servant is who has allowed this to happen at HW deserves the sack - get him/her out of there!

[DaveF]

I wonder many HWU staff 'enjoyed' hospitality at Tynecastle in the last 15 months

[JimBHibees]

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I'm absolutely disgusted that the scabby Yam tramps have been allowed to scrounge their training facilities for what must be over a year, at the expense of people's further education!

Meanwhile, other football clubs have to work hard to pay for their facilities while the Yamtards trumpet about being a "big team".

From what I can gather (10K a month quoted as their rent on here), these thieving conniving lowlifes must have been on the scrounge for free training facilities WHILE they were paying out exorbitant wages to players that beat us in the SC Final just over a year ago.

Enough is enough! Far from deserving praise, whoever the lax, unprofessional excuse for a public servant is who has allowed this to happen at HW deserves the sack - get him/her out of there!

Couldnt agree more.

[Beefster]

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£150k is a lot of money for a University to be losing that is for sure.

Not really. Their income will be in the region of £150-200 million.

Writing off £150k to ensure many years of future income of around £120k pa makes sense. They would struggle to get another tenant.

[Jack]

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Not really. Their income will be in the region of £150-200 million.

Writing off £150k to ensure many years of future income of around £120k pa makes sense. They would struggle to get another tenant.

But HW would have no idea when or even if the yams would ever be in a position to start paying again and its not as if the world hasn't been aware of their financial predicament, so its hardly good business.

Add to no income coming in that HW have in that time had to cover the expense of maintaining the pitches and buildings used it looks even worse.

[truehibernian]

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I'm absolutely disgusted that the scabby Yam tramps have been allowed to scrounge their training facilities for what must be over a year, at the expense of people's further education!

Meanwhile, other football clubs have to work hard to pay for their facilities while the Yamtards trumpet about being a "big team".

From what I can gather (10K a month quoted as their rent on here), these thieving conniving lowlifes must have been on the scrounge for free training facilities WHILE they were paying out exorbitant wages to players that beat us in the SC Final just over a year ago.

Enough is enough! Far from deserving praise, whoever the lax, unprofessional excuse for a public servant is who has allowed this to happen at HW deserves the sack - get him/her out of there!

Danny Wilson's yearly salary could have paid off HWU - there smacks the Hearts hypocrisy. Sign a player (although didn't ), herald it whilst knowing yer skint, pay him around £130,000 a year, then allow him to train on a pitch/pitches that because of non payment of rent on said pitches you've been able to 'afford' Danny Wilson..............anyone hearing the theme tune to the Magic Roundabout

[JimBHibees]

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Not really. Their income will be in the region of £150-200 million.

Writing off £150k to ensure many years of future income of around £120k pa makes sense. They would struggle to get another tenant.

When public money is tight it makes no sense at all when the same organisation is laying off people in Galashiels while allowing Hearts to run roughshod. It wont look too good a business decision if/when they are liquidated will it?